Call Account

Our Call Account provides you and your business with the opportunity to earn higher returns than a regular savings account. You also enjoy the benefit to withdraw your funds with only a 2 days notice period.

Features & Requirements

Features:

Simple and convenient to open

Customer will be issued counter (non-clearing ) cheques to operate the account.

Target Savings Account

Target savings account is designed to assist customers meet by setting aside part of their current income to over a period of time to achieve projects such as marriages, festivals, education or holidays.

Features & Requirements

Features:

Attracts higher interest rate than normal savings account

Withdrawal limited to three times in a year before expiration of term

The term or tenor of the account is flexible at the discretion of the customer.

Account holders are eligible to obtain loans to support the project via a current account.

Bank acts as agent to effect payments on customer’s instructions to Schools or other named beneficiaries as required.

Current Account ( Individual& Corporate )

These accounts are meant for the literates who can observe the rules governing current accounts. It facilitates business transactions through its effective settlement process provided by the clearing process.

Features & Requirements

Features/Benefits

Customized chequebooks that can be issued and cleared through all commercial banks.

No minimum balance is required

Concessionary COT

Account holder is eligible for bank facility

Cheques of other banks and dividend warrants are allowed into the account for collection

Cheques can be issued to third parties for encashment.

Customers are encouraged to process and collect ATM cards for easy access to funds.

Requirements

Requires only two passport photograph and simple form of identification i.e Association ID, Voter’s card, Students ID, LASRRA ID, etc.

Seed Capital Microfinance Bank is more than a microfinance bank. Since I have been with them, they have been helping my stock fish business and I have never had any issues with the bank, unlike some other microfinance banks that you save money with them and at the end of the day collecting your money will be a problem. Seed Capital gives you your money whenever you need it.

Florence OkwonkwoMD Graflox Resources Ltd.

I have been at Seed Capital Microfinance Bank from inception. The service befor was average, but now I can proudly say that they provide excellent service. The account officers who come for my daily collections are very nice and accommodating. The bank encourages us to meet our daily contributions, so I have very high confidence in them.

Anthony ObiorahMD Gud Fellaz Cosmetics

I am a dealer of stock fish. I saw a difference in Seed Capital Microfinance Bank. I am even surprised that in some MFB’s you cannot get alert on your transactions but at Seed Capital, you get instant alert. They also now have ATM cards and cheque books, which can assist you wherever you are. They are meeting up with the other commercial banks. The MD has become a friend and financial advisor; helping me out a lot.